Max Life Insurance Pune Cluster Manager Salaries by 7 Employees (Updated 2025)

6 - 13 years exp.

₹7 Lakhs - ₹10.8 Lakhs

Salary of majority employees

At par with the average Cluster Manager Salary in Insurance Companies for 6 - 13 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

Sales & Business Development Cluster Manager Salary 7 - 13 years exp. (4 salaries)	₹7 L/yr - ₹12.3 L/yr
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BFSI, Investments & Trading Cluster Manager Salary 6 - 8 years exp. (AmbitionBox Estimate)	₹8.5 L/yr - ₹10.5 L/yr

Last Updated: 5 Dec 2024

Companies similar to Max Life Insurance for Cluster Manager in Pune

Max Life Insurance Cluster Manager Salary

6 - 13 years exp. (7 salaries)

₹7 L/yr - ₹10.8 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Life Cluster Manager Salary 7 - 16 years exp. (15 salaries)	₹6.5 L/yr - ₹12 L/yr 9% less	1 job opening
Tata AIA Life Insurance Cluster Manager Salary 6 - 14 years exp. (5 salaries)	₹6 L/yr - ₹17.1 L/yr 9% more	8 job openings
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Reliance Nippon Life Insurance Cluster Manager Salary 10 - 20 years exp. (3 salaries)	₹8.5 L/yr - ₹14.1 L/yr 4% less
Aditya Birla Sun Life Insurance Cluster Manager Salary 3 - 12 years exp. (18 salaries)	₹5.2 L/yr - ₹12 L/yr 9% less
Care Health Insurance Cluster Manager Salary 3 - 12 years exp. (13 salaries)	₹3 L/yr - ₹5.7 L/yr 57% less	1 job opening
Bajaj Allianz General Insurance Cluster Manager Salary 3 - 17 years exp. (10 salaries)	₹5 L/yr - ₹18.2 L/yr 6% more	10 job openings
Star Health & Allied Insurance Cluster Manager Salary 6 - 10 years exp. (4 salaries)	₹4.5 L/yr - ₹6.9 L/yr 39% less
SBI General Insurance Cluster Manager Salary 9 - 11 years exp. (3 salaries)	₹9 L/yr - ₹9.9 L/yr 8% less

Cluster Manager salary at Max Life Insurance ranges between ₹7 Lakhs to ₹10.8 Lakhs per year for employees with experience between 6 years to 13 years. Salary estimates are based on 7 latest salaries received from various employees of Max Life Insurance.

Experience wise Max Life Insurance Cluster Manager salaries in Pune

Last Updated: 5 Dec 2024

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹8.5 L/yr - ₹16.6 L/yr
7 years (AmbitionBox Estimate)	₹7 L/yr - ₹17 L/yr
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8 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹10.5 L/yr
9 years (AmbitionBox Estimate)	₹8.8 L/yr - ₹11.3 L/yr
10 years (AmbitionBox Estimate)	₹7.3 L/yr - ₹18 L/yr
11 years (AmbitionBox Estimate)	₹9.2 L/yr - ₹11.7 L/yr
12 years (AmbitionBox Estimate)	₹9.4 L/yr - ₹12 L/yr
13 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹10.8 L/yr

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Similar Designation salaries in Max Life Insurance

Deputy Manager Salary

(84 salaries)

₹3.05 L/yr - ₹7 L/yr

Sales Manager Salary

(35 salaries)

₹2.5 L/yr - ₹5.5 L/yr

Relationship Manager Salary

(31 salaries)

₹1.1 L/yr - ₹6.8 L/yr

Area Manager Salary

(21 salaries)

₹5.8 L/yr - ₹12.3 L/yr

Territory Manager Salary

(9 salaries)

₹12.55 L/yr - ₹17.8 L/yr

Branch Manager Salary

(8 salaries)

₹8.5 L/yr - ₹10.95 L/yr

Cluster Head Salary

(4 salaries)

₹8.3 L/yr - ₹14.5 L/yr

Area Sales Manager Salary

(4 salaries)

₹3 L/yr - ₹9.5 L/yr

Top skills at Max Life Insurance for Cluster Manager

Financial Services Sales Process Sales Banking Relationship Management Customer Satisfaction CRM Customer Relationship LMS Auditing Performance Management Scheduling Customer Acquisition Query Resolution Direct Sales

Salary related reviews for Max Life Insurance

2.5

Rated by 2 employees for salary & benefits

Deputy Manager in Kolkata

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 05 Jan 2024

1.0

for Salary and Benefits

Likes

To be very honest . Leaders are not at all good. They don’t treat people with respect. Just Bogus Company I ever worked with.

Dislikes

Everything. Full of Politics. Managers and leaders are not at all good.. Doesn’t provide Exact salary. And the KRA’s don’t match what they said during Interview.

Sales Manager in New Delhi

Full Time

Sales Department

2.0

• posted on 26 Nov 2022

2.0

for Salary and Benefits

Likes

...hing About Likes and dislike as company is not my Girlfriend or spouse to love There is only one rule once you perform for any company company will pay. Once you are not favourite for your manager you have to leave the company. No employee want to change the job real truth is employee change their manager.

Business Development Manager in Meerut

Sales & Business Development Department

1.0

• posted on 05 Feb 2022

1.0

for Salary and Benefits

Likes

... after that also your job never be secured. And boss behaviour is very pathetic. They hold salary also. Very bad experience.

Business Development Manager in Tirunelveli

Marketing & Communication Department

5.0

• posted on 12 Apr 2021

5.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Dislikes

Branch Manager

Sales BD Department

5.0

• posted on 21 Dec 2018

5.0

for Salary and Benefits

Likes

It was very nice expierence to work with Max,very good teammates, nice growth appraisal excellent good salary Yes there is politics ay higher level high mode learning as per industry standards. It was turning point of my life.

Dislikes

Nothing Nothing Nothing

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Salary Discussions, Hike & Promotions

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a social media specialist

Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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Max Life Insurance Cluster Manager Salary FAQs

What is the salary of Cluster Manager at Max Life Insurance Pune?

Cluster Manager salary at Max Life Insurance in Pune ranges between ₹7.0 Lakhs to ₹10.8 Lakhs for experience between 6 years to 13 years. Salary estimates are based on 7 latest salaries received from various employees of Max Life Insurance Pune.

What are the top skills required to work as a Cluster Manager at Max Life Insurance?

Financial Services, Sales Process, Sales, Banking and Relationship Management are some of the popular skills required to work as a Cluster Manager at Max Life Insurance Pune.

Which similar companies are paying more than Max Life Insurance to a Cluster Manager in Pune?

Tata AIA Life Insurance Cluster Manager Salary - ₹6.0 Lakhs to ₹17.1 Lakhs per year
Bajaj Allianz General Insurance Cluster Manager Salary - ₹5.0 Lakhs to ₹18.2 Lakhs per year

What is the salary of a Cluster Manager in companies similar to Max Life Insurance in Pune?

Reliance Nippon Life Insurance Cluster Manager Salary - ₹8.5 Lakhs to ₹14.1 Lakhs per year
SBI General Insurance Cluster Manager Salary - ₹9.0 Lakhs to ₹9.9 Lakhs per year
Aditya Birla Sun Life Insurance Cluster Manager Salary - ₹5.2 Lakhs to ₹12.0 Lakhs per year
HDFC Life Cluster Manager Salary - ₹6.5 Lakhs to ₹12.0 Lakhs per year
Star Health & Allied Insurance Cluster Manager Salary - ₹4.5 Lakhs to ₹6.9 Lakhs per year

What is the estimated take home salary of a Cluster Manager at Max Life Insurance in Pune?

The estimated take-home salary of a Cluster Manager at Max Life Insurance ranges between ₹72,903 per month to ₹74,784 per month in Pune. The take-home salary calculation is based on the average Max Life Insurance Cluster Manager salary in India which ranges between ₹7.0 Lakhs to ₹10.8 Lakhs per year for employees with experience between 6 years to 13 years. Check how did we calculate take home salary?

What is the notice period for Cluster Manager at Max Life Insurance in Pune?

According to AmbitionBox, 40% of the Max Life Insurance Cluster Managers in Pune reported a notice period of 1 Month, 40% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 5 responses on AmbitionBox in last 2 years.

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Max Life Insurance Cluster Manager Salaries in Pune

Max Life Insurance Cluster Manager salary in Pune ranges between ₹7 Lakhs to ₹10.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Max Life Insurance latest salaries received from various employees of Max Life Insurance.